Atlantic Capital Partners Acquires Retail Property In Easton, MA For $25.5M
25 Robert Drive, Easton, Massachusetts 02375, United States
$25,500,000
$225/SF
Building Size
112,869 SF
Asset Type
Retail
Closing
Dec 17, 2021
AI
A retail property located at 25 Robert Dr in Easton, MA has been sold in a recent transaction. The property, spanning 112,869 square feet, was acquired by Phillips Edison & Company for a total sale price of $25,500,000. The purchase price per square foot came out to be $226.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $25,500,000
The brokerage team of Chris Peterson, Sam Koonce, Molly Lynch, Ben Starr, and Justin Smith from Atlantic Capital Partners represented Phillips Edison & Company in this deal.
Players
South Easton Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.62%
Cash-on-Cash
-0.18%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93